US and Worldwide eLearning Market Seeing Robust Demand says Market Research Firm

Posted on November 30, 2009 by Jennifer Brady

UMassOnline Jennifer BradyThe US market for Self-paced eLearning will grow to $23.8 billion by 2014 according to a new report by Ambient Insight called, “The US Market for Self-paced eLearning Products and Services: 2009-2014 Forecast and Analysis.”

That’s the opening paragraph from this news release which, fortunately, includes several of the major findings of the research. In many cases, people interested in these findings have to buy something to get any real insight. But you can glean a few insights from the release and the free executive overview.

According to this report, the researchers say that the U.S. is a mature eLearning market but is still growing by more than 7%. Where’s the greatest growth? In the U.S., the report states …the demand for online training is growing by 19.8% in the healthcare segment and the demand for online education products is growing by 17.3% in the PreK-12 academic segment… And while the researchers seem to be focused on the U.S. in this project, they do say: The demand for distance learning in Asia is now growing at a breathtaking 32.8%.

Tags: Online Learning, UMassOnline

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